18860 Clarke Rd - Showroom FOR SALE


Parker, CO 80134
$6,250,000 USD
303-328-2020
18860 Clarke Rd, Parker, CO for Sale
$6,250,000 USD
Showroom - FOR SALE
1/17
null | 6.02% Cap Rate

18860 Clarke Rd
Parker, CO 80134


OVERVIEW

The Kramer Group of Marcus & Millichap is pleased to present the exclusive listing for 18860 Clarke Road, a newly constructed small bay multi tenant light industrial flex property located in downtown Parker, Colorado. Completed in 2023, this 15,454 square foot building features high quality masonry construction with modern finishes, 21 foot clear heights, and eight 14 foot roll up doors designed to accommodate a wide range of industrial and service oriented users. The property is currently occupied by three mixed use tenants under long term triple net leases with annual rent escalations. One divisible vacant unit remains with multiple leasing offers already in hand, providing immediate lease up upside. Situated on a 1.96 acre parcel, the site offers 46 parking spaces and a wraparound configuration providing seamless ingress and egress. Located near South Parker Road and Mainstreet, the property is positioned in the heart of downtown Parker, an affluent high growth submarket characterized by historically low vacancy, strong absorption, and accelerating rent growth, making this an exceptional opportunity to acquire a Class A flex industrial asset with significant upside potential in a highly sought after location.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$406 USD /SF

CAP RATE

6.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

R&D, Showroom, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

21 Ft

DOCKS

-

DRIVE INS

8

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.96

LAND SF

85,378

ZONING

-

APN/PARCEL ID

2233-153-03-025

ASK ABOUT THIS PROPERTY

Brandon KramerMarcus & MillichapMore Info
303-328-2020

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Brandon KramerMarcus & MillichapMore Info
303-328-2020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.